| Fullerton India Personal Loan at a Glance | |
| Fullerton India Personal Loan Interest Rate | 11.99% per annum |
| Lowest EMI per lakh | ₹2275 for a tenure of 60 months |
| Tenure | 12 to 60 months |
| Fullerton India Personal Loan Processing Fee | 1% to 6% |
| Prepayment Charges | Up to 7% |
| "> Fullerton India Personal Loan Interest Rate | ">11.99% per annum |
| "> Fullerton India Personal Loan Processing Charges | ">1% of Loan Amount |
| "> kvb personal loan Prepayment Charges | 36 months: 2% of loan principal outstanding">">NIL |
| "> Stamp Duty | ">As per state laws |
| Cheque Bounce Charges | As per bank terms |
Check the status of your Fullerton India Bank Personal Loan by the following methods –
| CIBIL score | 750 + |
| Age | 21 to 60 years |
| Min Income | Rs 15000/month |
| Occupation | Salaried/Self-employed |
| Category | Details |
| Interest Rate | 11.99% per annum |
| Processing Charges | 1% to 6% |
| Min ₹ 1000 and Max ₹ 25000 | |
| Prepayment | No prepayment is allowed until 12 EMIs are paid |
| Preclosure | No foreclosure is allowed until 12 EMIs are paid |
| Prepayment Charges | 13-24 months: 4% of loan principal outstanding |
| 25-36 months: 3% of loan principal outstanding | |
| >36 months: 2% of loan principal outstanding | |
| Stamp Duty | As per state laws |
| Cheque Bounce Chgs | ₹ 550/chq + GST |
| Floating Rate of Interest | Not Applicable |
| Overdue EMI Interest | 2% p.m.(on overdue amount) |
| Amortisation Schedule Chgs | Rs 200 + GST |
The following are some of the major fees apart from interest charges that apply to Fullerton India personal loan:
| Fee | Charges Applicable |
| Cheque /ECS/NACH dishonoured Charge (per each dishonour of cheque/ECS/NACH per presentation) | 300 |
| Swap-Charges: for replacing Post-dated cheques to ECS (each instance) | 500 |
| Swap-Charges: for replacement of ECS to ECS (per instance) | 500 |
| Loan Cancellation charges (loan cancelled before the first EMI) | 5,000 |
| Processing Fees | Up to 3% of the Loan Amount |
The foreclosure or pre-payment charges applicable to a personal loan from Fullerton India vary based on the number of EMIs that has already been paid:
| Foreclosure Charges | Personal Loan Salaried | Personal Loan Self Employed |
| 0 to 6 EMIs fully paid | Not Allowed | Not Allowed |
| 7 to 17 EMIs fully paid | 7% | 7% |
| 18 to 23 EMIs fully paid | 5% | 5% |
| 24 to 35 EMIs fully paid | 3% | 3% |
| 36 or more EMIs fully paid | 0% | 0% |
| ">Form | ">Duly filled application form |
| ">Proof of Identity | Passport\n> Driving License\n> Aadhar Card\n> Voter ID Card">">Copy of: |
| Passport | |
| Driving License | |
| Aadhar Card | |
| Voter ID Card | |
| ">Proof of Address | ">Rent Agreement (Min. 1 year of stay) |
| Utility Bills | |
| Passport (Proof of permanent residence) | |
| Ration card | |
| ">Proof of Income | ITRs : Last two Assessment years\n> Salary Slip: Last 6 months\n> Bank Statement: Last 3 months">"> ITR: Last two Assessment years |
| Salary Slip: Last 6 months |
| Bank | Interest Rate | Tenure | Loan Amount & Proc Fee |
| Fullerton India | 9.99% | 12 to 60 months | Up to Rs. 25 lakh / Up to 6.5% of the loan amount |
| HDFC Bank | 11.25% to 21.50% | 12 to 60 months | Up to Rs. 40 lakh / Up to 2.50% of the loan amount |
| Bajaj Finserv | Starting from 12.99% | 12 to 60 months | Up to Rs. 25 lakh / Up to 3.99% of the loan amount |
| Axis Bank | 15.75% to 24% | 12 to 60 months | Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount |
| Citibank | Starting from 10.99% | 12 to 60 months | Up to Rs. 30 lakh / Up to 3% of the loan amount |
| Private Bank | 11.50% to 19.25% | 12 to 60 months | Up to Rs. 20 lakh / Up to 2.25% of the loan amount |
Dialabank helps you choose the best option of banks by providing you with the latest market comparison of distinct banks to make the right choice. We at Dialabank have already helped thousands of people to get the loan they need without any issue, and we look forward to continuing to doing so. Apply with us today to get the offers and exclusive deals on Fullerton India Personal Loan.
Call us at 9878981166 to avail of the Fullerton India Personal Loan.
For calculating the EMIs on your loan, you just require the basic information regarding the loan –
Just put these values in the calculator below to find the exact amount payable each month.
Fullerton India Bank usually takes two weeks or 15 days when it comes to the Processing of Personal Loan Applications. However, Fullerton India approves the loan in just a few hours to a maximum of 1-3 days to its pre-approved already existing account holders.
Fullerton India gives you the option of pre-closing your loan after a minimum of 12 months of taking the loan and paying 12 successful EMIs on your loan. However, Fullerton India Bank charges a Pre-payment or Pre-closure charge, and if you wish to do so, we have listed the charges below:
| Time | Pre-closure Charge |
| 13 to 24 months | 4% |
| 25 to 36 months | 5% |
| more than 36 months | 2% |
Generally, the following documents are required to foreclose your Fullerton India personal loan:
Given below are a few key benefits of foreclosing your Fullerton India personal loan:
Foreclosure / Full Prepayment
Partial Prepayment
Fullerton India also offers the prepayment facility to help the customers pay off the entire outstanding or a part of it. If you have a surplus amount of money in hand and meeting the below criteria then you can pay a part of your principal outstanding amount to reduce the same. This will also help in saving interest accrued on the principal amount. Know more about this facility below.
Fullerton India offers Personal Loan for Salaried Employees at attractive rates of interest. The amount that you get a loan depends on the Company that you work for, The take-home salary of the employee, and the city of residence of the employee. Fullerton India offers these loans for a tenure of 12-60 months and provides instant approval along with funds to pre-approved customers.
Fullerton India ‘s Personal Loan for Self Employees is a loan product offered to self-employed individuals and in need of funds. The bank provides them with attractive rates of interest on their personal loan and tenure of 12-60 months. However, as compared to Salaried Employees, you have to present more documents here as you need to provide the bank with sufficient documents related to your business to prove its continuity as well as your steady income.
The process to stop your loan EMIs at Fullerton India is as follows-
If a customer is looking for INR 15 lakh of the loan amount or more than that below rates would be applicable.
| Loan Amount | IRR | Processing Fee (+GST) |
|---|---|---|
| Loan amount >=12 lakh* | 9.88% | INR 2999 |
*Terms & conditions apply
This offer is not applicable for Top-up/ Enhancement/ Existing loan amount closure.
If a customer is looking for a Balance transfer and a fresh loan of above INR 10 lakh above, the below offer is available.
| NTH | Loan Amount | IRR | Processing Fee (+GST) |
| >=50000 | Loan amount >=10 lakh* | 10.50% | INR 3999 |
Here are the 4 tips that will help you manage your loans:
1. Pay On-Time – The first step is to avoid late fees and penalties. The best way to do that is by paying your monthly payments on time every month. This also hits the credit score. These are needless and all too common consequences that will work against your financial condition. If you have just taken a personal loan or are about to, the best way to manage your loan is by making a monthly payment on your loan as soon as you receive the loan. By being a payment ahead of your instalment plan you will have a buffer against a missed payment.
2. Pay More Than Your Minimum – Paying beforehand is a good option for managing your plans but paying a little extra every month keeps you ahead of your loan term and provides you with some other financial bonuses. Moreover, paying extra on your loan reduces the length of the repayment plan.
This will help you clear the debt and allows you to regain your financial independence sooner. It will also reduce the rate of interest you owe and thus, saving you money in the long run. Paying off your debts faster also leads to an improvement in your credit score. A lower credit score will benefit you in several ways, like dropping down payments and rates of interest.
3. Consolidate Your Loans – For debtors managing multiple personal loans, consolidation could be the best way to simplify your debt repayment. Debt Consolidation is when you take a large loan to repay all the other loans you have taken. So, instead of paying multiple lenders every month with different rates of interest and needs, one can make a single payment to one provider.
Debt Consolidation is helpful if you can save an interest rate on a new loan that is lower than the average interest rate of the earlier loans. The only disadvantage that lies here is that one will likely end up having to reimburse the debt quicker than before. Before consolidating your debt, make sure that you can make the payments on a new loan. This may also help to reimburse large portions of your loans on credit rather than with a single loan, consolidating it into more controllable pieces.
4. Credit Score – Last but not least, always keep a close watch on your credit score while reimbursing a personal loan. The credit score plays a major role in finances and has an important relationship with the loans taken out. How you manage your loans is reflected in your credit score. On the other hand, falling behind on your payments will subordinate the credit score. Thus, a higher credit score is important.
Fullerton India offers special Personal Loans to Doctors who require funds. Bank gives them loans ranging from Rs. 50000 to Rs. 50 lakhs for a tenure of 12-60 months at interest rates starting from 11.25%. There are certain eligibility criteria’s for availing of this loan:
Fullerton India offers Personal Loan for Marriage to solve people who are facing a shortage of funds for their or their close one’s marriage. There is no restriction on using this loan amount and can be used for anything from wedding banquets to makeup or stylists, etc. You get these amounts quickly within seconds if you are a pre-approved customer with the bank or as quickly as 4 hours in some cases. The bank charges an attractive interest rate and gives you the option of choosing the loan tenure.
To fulfil the individual requirements of all the public authority workers, Fullerton India is here. The moneylender offers individual credit to the representatives of public area endeavours, including Central, State, and Local Bodies. The base net month to month pay of a worker should be INR 15,000/20,000 to profit the greatest advance measure up to INR 40 Lakh. The individual advance offered by Fullerton India accompanies a residency of 5 years alongside a handling expense of 1.50% of the advance sum.
| Offers By Government | Number of Companies | Processing Fee(% of the Loan Amount | IRR |
| Miniratna, Navratna, and Maharasthra | 55 | 1.50% | 13.49% |
| 11.49% | |||
| 10.99% | |||
| Pensioner | All | 1.50% | 14.75% |
| Employees from the Railway Department | All | 1.50% | 16.50% |
| 15.00% | |||
| 14.25% | |||
| CISF, CRPF, ITBP, SSB, and BSF | All | 1.50% | 14.75% |
| Section | Salary | Processing charge | IRR |
| Government Officer Division A (GA) and Division B (GB) | NTH>24k | 2% | 16.75% |
| NTH>35k | 2% | 15% | |
| NTH>50k | 1.75% | 14.75% |
Fullerton India offers special plans for Pensioners looking out for Personal loans. They provide good funding at attractive rates of interest to pensioners. Some of the features of Fullerton India Personal Loan for Pensioners are listed below:
Personal Loan Balance Transfer refers to a process where you shift your loan from one lending institution to another. In this, your new bank pays off your previous loan and gives you the loan. You get many benefits if you do this, but you may have to pay the foreclosure charges associated with that loan along with the Processing fee on your new Loan loan. Some of the benefits are listed below –
Top up facility on your loan is the additional amount you borrow from the bank on your existing mortgage. Fullerton India lets you avail of this facility if you have paid at least 9 regular EMIs without any hindrances in payment. You can get a top-up of min Rs. 50,000 and a maximum of your already sanctioned loan amount.
An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can in like way repay the got out absolutely at whatever point the condition is ideal. From this time forward, it is maybe the most preferred credit decisions that profited from meeting changing individual supporting necessities unbounded.
Apply for an overdraft office as a Fullerton India Bank Personal Loan. The versatile improvement office has all the huge features of a slight overdraft credit.
Fullerton India offers home redesign credit for individuals wishing to have their homes renovated. This individual loan will finance the necessary repairs or allow the borrower to buy new home fittings, appliances, and furniture. Some important highlights of the Fullerton India Home Renovation Loan are:
The Fullerton India Holiday Loan will help you with a minor problem while planning your dream get-away. The Fullerton India Holiday Loan’s key highlights are This person Fullerton India advance will subsidize a range of excursion-related expenses, including booking travel tickets, hotel facilities, guided tours, and so on.
In any case, Fullerton India’s Fresher Funding is outstanding for a dominant part of unstable individual credits dependent on individuals with a customary income. This alternative to Fullerton India credit is intended to assist freshers, such as continuing alumni, for example, looking for their first job. The following are some relevant highlights of Fullerton India Fresher Funding’s individual credit:
Specifically for NRIs, Fullerton India provides a person with advancement, understanding NRIs’ needs and dreams. The principal advance nominee should be an Indian citizen, and the co-candidate NRI must be a nearby family member. The Individual Loan for NRIs contains the following highlights.
Fullerton India enables a Personal loan borrower to make a pre-closure or a pre-payment of a loan. However, you will be able to prepay your Fullerton India Personal Loan only after 12 months after you have procured your loan and after paying 12 EMIs plus the foreclosure charges that may be applicable. If you meet this requirement, you can repay your personal loan before the original due date and close your loan early.
Step 1: Determine your requirement
Figure out why you need a Personal Loan and how much you need. For example, you may need a loan to fund your wedding or to renovate your home. And you may need just Rs. 1 lac or Rs. 10 lac.
Step 2: Check loan eligibility
Once you know how much you need, you should check whether you are eligible. You can visit the Fullerton India Personal Loan Eligibility Criteria online, to find out how much you can borrow as a Personal Loan. Fullerton India offers loans up to Rs. 40 lac.
Step 3: Calculate monthly instalments
Use an online EMI tool to calculate your approximate loan repayments every month. You can modify the interest rate and tenure to match your monthly income, like on the Karur Vysya Personal Loan EMI Calculator. Fullerton India offers pocket-friendly EMIs on all its Personal Loans starting at Rs. 2275 per lac * (T&C).
Step 4: Approach the bank
You can apply for a Personal Loan with Fullerton India in various ways: Via Net Baning, online on the Fullerton India website, at an ATM, or by visiting a branch.
Step 5: Submit documents
Next, find out what documents are required for a Personal Loan. You will usually need income proof (bank statements, salary slips or IT returns), address proof, and ID proof. Hand over copies of your Personal Loan documents at the bank.
Wait for funds to be remitted to your account. Fullerton India disburses funds for pre-approved loans to customers in 10 seconds*, and for non- Fullerton India customers in 4 hours.
That’s how to get a Personal Loan in 5 easy steps!
If you are a salaried applicant, you can pre-pay your Fullerton India Personal Loan only after paying 12 equated monthly instalments completely.
The pre-payment charges for salaried applicants are as follows:
You can apply for Fullerton India Personal Loan online by visiting the Fullerton Indias online portal and filling the form for applying for a personal loan, or you can simply follow the given steps for applying for a Fullerton India Personal Loan –
The following main measures are included in the verification process for a personal loan:
Step 1: Your preferred lender receives your online loan application after you have submitted your online application on the Dialabank website / Dialabank App.
Step 2: The lender’s representative will then contact you to check the details of the application and arrange for the documentation needed for your loan application to be picked up.
Step 3: The personal loan application is accepted after the records have been obtained and successfully checked.
Stage 4: The loan is disbursed once the loan agreement is signed by the borrower.
To check your Fullerton India Personal Loan’s status, you can:
Clients can download the bank’s very own credit proclamation by following the means given below:
The cross-country lockout antagonistically affected several borrowers due to the COVID-19 pandemic, and a multi-month ban on multiple term advances was declared to moderate its effect to a specific degree. Fullerton India declared the RBI-commanded one-time benefit from Fullerton India’s individual credit reconstruction after the half-year ban had expired. This instrument is intended to give relief to those borrowers who, due to the ongoing money-related difficulties of the pandemic, cannot begin repayment of their regular EMI.
Fullerton India’s credit goal scheme recommends an additional ban of as long as two years or an extension of the current reimbursement duration to reduce EMI instalments from month to month. As a primary concern, the rehabilitation of your individual loan from Fullerton India must result in additional premium fees far beyond those of the first advance. Consequently, if anything else fails with the intention of not ending up defaulting on your great credit, you can only use this relief instrument.
Customers can contact Fullerton India customer care via any of the following means:
There are several points of concern when applying for a personal advance on the Dialabank website. Underneath some of them are provided:
You can get the best personal interest rates subject to an assessment of your loan amount, salary, other obligation company you work with, and loan tenure. The following factors determine the personal loan rate of interest you can expect to get from Fullerton India:
Here is the process:
Here is an illustration of the total cost of the loan:The following are some significant angles you should consider while applying for an individual Fullerton India credit:
Personal loans with minimal documentation become hassle-free as no mortgage or security is required. Fullerton India gives out personal loans to its pre-approved customers in just 10 seconds and within 4 hours for the new customers.
The first step would be to check your eligibility for the Fullerton India personal loan, which can be done online. If you are a pre-approved Fullerton India customer, you can avail of the loan within a few minutes, and for others, the loan disbursal on average takes 4 hours.
Repaying the loan can be made on an EMI basis or as agreed upon in the loan statement.
The personal loan interest rate in Fullerton India is 11.99% per annum . Onwards with a repayment tenure of your liking ranges between 1 to 5 years. For checking the latest Fullerton India Interest Rates visit us at Dialabank’s Digi-platform and compare it to instantly avail of the best offers suitable to your needs.
The procedure to avail of a personal loan with Fullerton India is hassle-free. You can apply for a Fullerton India personal loan by visiting the nearest branch with your documents, through a Fullerton India ATM, or using Fullerton India’s Loan Assist App. You can simply contact and apply with Dialabank for secure processing and personalized assistance. The necessary steps include:
Getting a Personal Loan from Fullerton India is a simple process as minimal documentation ensures a quick disbursement time. You just have to check your eligibility status and contact the bank online or visit the nearest branch. After submitting and verifying the necessary documents, the loan amount will be credited to your bank account within 4 hours.
A personal loan is a security free loaning option to meet all your financial needs. Apply for a personal loan at Fullerton India Bank with minimal documentation and get instant loan amount disbursal by visiting the nearest branch with required documents or filling an application online at Fullerton India Bank’s official website. You can apply with Dialabank to avail of personalized assistance and get the best deals and offers.
Fullerton India Bank is one of the leading providers of personal loans in India, and it offers the best loan schemes that come with a unique list of features and merits. They provide personal loans at lower interest rates with minimal documentation for an easy and hassle-free process. The average disbursal time for a new applicant is 4 hours. Repayment of personal loans can be made through EMIs or via online payment methods as preferred. The repayment of loan tenure ranges from 1 to 5 years.
EMI (Equated Monthly Installment) is the amount payable to the bank every month to repay your personal loan. The EMI on Fullerton India Bank personal loan depends on the loan amount, interest rate, and tenure of the loan. It can be calculated using our EMI calculator on Dialabank’s website.
Your CIBIL score is a significant factor involved in deciding your eligibility for a personal loan. Fullerton India wants you to have a CIBIL rating above 750 with 700 being the absolute lower limit. You can increase your CIBIL rating by making timely payments of your EMIs and credit cards.
Fullerton India Bank requires you to have a minimum credit score of 750 to become eligible for a personal loan.
EMI on personal loan shall be calculated using formula, E = P x R x [(1+R)^N] / [(1+R)^N-1] where,
P= principal loan amount,
R= Rate-of-interest, and
You can instantly calculate your EMI online at the Dialabank website for free and compare offers from different banks and finance companies.
You can utilize your Fullerton India personal loan for several reasons ranging from little bill payments and everyday expenses to a medical emergency and more significant expenses such as debt consolidation, wedding, etc. Fulfil all your fiscal needs with a personal loan by applying online at Dialabank’s digital platform.
When a borrower pays off their loan entirely or in part before the agreed due date, it is termed as pre-payment or preclosure. Fullerton India Bank gives you the option to prepay your loan provided that you should at least paid 12 month’s EMIs. You will be charged with a pre-closure fee of up to 4% of your overdue loan amount based on the number of EMIs left to pay.
Steps to prepay your Fullerton India personal loan:
You have the option of repaying your Fullerton India personal loan either by an SI on your bank account to pay EMI, online payment through different modes, or post-dated cheques given to the loan branch.
You can pay personal loan EMI online in 5 simple steps:
Fullerton India provides easy, hassle-free personal loans with minimal documents. You will need your Aadhar CARD/Voter ID, PAN CARD, Bank Account Statement of the last 3 months, and the latest salary slips/ITR file. For more information and personalized assistance, you can contact Dialabank’s financial helpline number.
You have many options to check the status of your Fullerton India personal loan:
Top up is the additional loan amount that can be taken from the existing bank of your recent loan or at the time of balance transfer from your new bank. Fullerton India lets you avail of this facility if you have paid at least about 9 EMIs without any cheque bounces. You can get a minimum top-up of ₹50,000 and a maximum of your already sanctioned loan amount. You can check Fullerton India’s online portal for more offers or contact Dialabank for any financial help.
There will be a penal interest charged as applicable and would even face legal actions if defaulting continues.
To get your personal loan account number you can contact the loan officer at the bank branch or by contacting the customer care number of Fullerton India.
Contact 9878981166 for any queries.
You can pre-close a personal loan with Fullerton India. The bank charges you a foreclosure charge of 3% on your outstanding loan amount.
An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can in like way repay the got out absolutely at whatever point the condition is ideal. It is maybe the most preferred credit decisions that profited to meet changing individual supporting necessities unbounded from this time forward.
The maximum tenure duration for a personal loan from Fullerton India Bank is 12-60 months.
